May 12, 2008 -- Toyoda Gosei North American Group announced its plan to establish a new automotive parts manufacturing facility located in San Luis Potosi, Mexico. The facility will assemble automotive body sealing components, and is set to begin production in October 2008. Toyoda Gosei will invest $12.5 million in property, plant and equipment. TGASMX plans on employing approximately 500 people by 2010.
Abstracted from PR Newswire